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市場調查報告書
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1400912

全球水力壓裂液端市場:市場規模、份額、趨勢、預測、成長分析(2023-2028)

Fracking Fluid End Market Size, Share, Trend, Dynamics, Forecast, & Growth Analysis- 2023-2028

出版日期: | 出版商: Stratview Research | 英文 151 Pages | 商品交期: 最快1-2個工作天內

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簡介目錄

預計2028年全球水力壓裂液端市場規模將達7.347億美元,長期複合年增長率為4.2%。

水力壓裂用於石油和天然氣生產,使用壓裂泵將壓裂液泵入井孔。 每個水力壓裂車隊都使用多個水力壓裂泵。 通常,每個車隊使用 18 至 20 台壓裂泵。 這些泵浦由兩個主要部件組成:動力端和流體端。

這些液壓端負責將流體高壓注入井眼,不僅是水壓泵的重要組成部分,也是壓力泵市場的重要組成部分。 再生水、高級化學品和滑溜水的使用以及透過其中泵送的水工砂的質量會縮短流體的最終壽命。 與碳鋼液力端(100 至 500 泵送小時)相比,不銹鋼液力端的使用壽命更長,為 1,000 至 5,000 泵送小時。 這一事實使得流體端市場對製造商來說是一個有吸引力的機會,儘管它只佔泵總成本的 30%。

2020年為石油和天然氣產業帶來了兩大挫折:俄羅斯和沙烏地阿拉伯的價格戰和COVID-19。 俄羅斯和沙烏地阿拉伯在石油減產問題上的分歧導致油價暴跌30%以上,跌至每桶30美元以下。 油價下跌對美國頁巖油產業影響重大,因為當油價跌破每桶40美元時,該產業就會無利可圖。 市場規模較大的水力壓裂液終端市場也未能倖免於這些趨勢,2020年出現了35%以上的大幅下滑。

然而,隨著經濟從疫情中復甦,油價再次呈現復甦趨勢。 近期地緣政治局勢的變化影響了供需動態。 受此影響,原油和天然氣價格飆升。 根據EIA預測(2023年6月),預計2023年平均油價將穩定在每桶79.5美元,2024年達到每桶83.5美元。

石油需求的增加預計將導致壓裂活動激增,從而推動流體端需求的增加,並隨著北美壓裂階段數量的增加而推動市場成長。

本報告對全球水力壓裂液終端市場進行了分析,包括市場基本結構、主要推動和限制因素、整體市場規模趨勢展望、細分領域和地區詳細趨勢、競爭對手等,我們正在調查現狀以及主要公司的簡介。

目錄

第 1 章執行摘要:市場鳥瞰

第二章市場環境分析:影響市場動態的因素考察

  • 供應鏈分析(識別整個價值鏈中的關鍵公司/材料)
  • PEST分析(直接或間接影響市場需求的所有因素的清單)
  • 產業生命週期分析(市場當前與未來的生命週期階段)
  • 主要趨勢(影響市場動態的主要產業/市場趨勢)
  • 市場驅動因素(驅動因素及其短期和長期影響的研究)
  • 市場問題(抑制擴散和成長的因素調查)

第三章水力壓裂液終端市場評估(單位:百萬美元/千台,2017-2028)

  • 水力壓裂液端市場趨勢及預測(單位:百萬美元/千台)
  • 市場預測情境分析(悲觀、現實、樂觀市場預測)

第四章水力壓裂液端市場:細分市場分析(單位:百萬美元/千台,2017-2028)

  • 依材料類型分析
    • 碳鋼:按地區劃分的趨勢和預測(單位:百萬美元/千單位)
    • 不鏽鋼:按地區劃分的趨勢和預測(單位:百萬美元/千單位)
  • 依最終使用者類型進行分析
    • OE:按地區劃分的趨勢和預測(單位:百萬美元/1,000 單位)
    • 售後市場:按地區劃分的趨勢和預測(單位:100 萬美元/1,000 台)
  • 依設計類型分析
    • 五個系列:按地區劃分的趨勢和預測(單位:100 萬美元/1,000 台)
    • 三元類型:按地區劃分的趨勢和預測(單位:100 萬美元/1,000 單位)
  • 按馬力 (HP) 類型分析
    • 2,000 至 2,500 匹馬力:區域趨勢與預測(單位:百萬美元/1,000 台)
    • 超過 2,500 匹馬力:按地區劃分的趨勢和預測(單位:百萬美元/1,000 台)
  • 按地區分析
    • 北美水力壓裂液端市場:國家分析
    • 歐洲水力壓裂液端市場:國家分析
    • 亞太地區水力壓裂液端市場:國家分析
    • 世界其他地區 (ROW) 水力壓裂液端市場:國家分析

第五章競爭分析

  • 競爭程度(基於市場重組的當前競爭階段)
  • 競爭格局(根據關鍵指標對主要公司進行基準測試)
  • 市佔率分析(主要公司及各公司佔有率)
  • 產品組合映射(不同市場類別中的產品分佈映射)
  • 地理位置(在地圖上顯示地理位置)
  • 產品開發的重點目標領域(了解正在開發的產業的重點)
  • 企業併購 (M&A)、合資 (JV)、業務合作、策略聯盟等(所有主要併購和合資企業的映射)
  • 波特五力分析(整個競爭格局的鳥瞰圖)

第 6 章策略成長機會

  • 市場向心臟分析
    • 市場向心力:依材料分類
    • 市場向心力:依最終使用者類型劃分
    • 市場向心力:依設計類型劃分
    • 市場向心力:按馬力
    • 市場向心力:依地區劃分
    • 市場向心力:依國家劃分
  • 新興趨勢(可能影響未來市場動態的主要趨勢)
  • 主要策略影響(不斷變化的市場動態及其主要影響)
  • 關鍵成功因素 (KSF)(確定可能幫助公司贏得業務的一些因素)

第七章主要公司簡介(依字母順序排列)

  • Caterpillar Inc.
  • Dragon Products Ltd.
  • Forum Energy Technologies, Inc.
  • GD Energy Products, LLC
  • Halliburton
  • Kerr Pumps
  • ST9 Gas+Oil
  • TechnipFMC plc
  • VP Sales & Manufacturing
  • VULCAN Industrial Holdings

第 8 章附錄

簡介目錄
Product Code: SROG125

The Fracking Fluid End Market will experience a promising CAGR of 4.2% in the long term to reach $734.7 Million by 2028.

Hydraulic fracturing, the technique used for the production of oil and natural gas, uses frac pumps to transmit the fracking fluid into the wellbore. Each frac fleet uses several frac pumps. Typically, 18-20 frac pumps are used per frac fleet. These pumps consist of two major components, the power end and the fluid end.

Responsible for the high-pressure injection of the fluid into the well, these fluid ends are not only an essential part of the frac pumps but are also an indispensable component of the pressure pumping market. The lifespan of a fluid end decreases with the use of recycled water, advanced chemicals & slickwater, and the quality of frac sand pumped through it. Stainless steel fluid ends offer a longer lifespan, ranging from 1,000 to 5,000 pumping hours, compared to carbon steel fluid ends (100 to 500 pumping hours). Due to this fact, the fluid ends market offers attractive opportunities to manufacturers despite accounting for ~30% only of the total pump's cost.

The year 2020 brought up two major setbacks for the oil & gas industry: The price war between Russia and Saudi Arabia and COVID-19. The disagreement between Russia and Saudi Arabia on the reduction of oil production resulted in a more than 30% plunge in oil prices to below US$ 30 per barrel. The decline in oil prices has a major impact on the American shale industry as fracking becomes unprofitable at oil prices less than US$ 40 per barrel. The market for fracking fluid end, a sizeable market, was not immune to these trends and saw a significant decrease of more than 35% in 2020.

However, the price of crude oil is again back on track with the recovery from the pandemic. Recent changes in geopolitical conditions affected the supply demand dynamics. As a result, there was a spike in the price of crude oil and natural gas. According to EIA projections (June 2023), the average oil price is expected to stabilize at $79.5 per barrel in 2023 and is forecast to reach $83.5 per barrel in 2024.

Increasing oil demand is expected to lead to a surge in fracking activities, driving higher demand for fluid ends and propelling market growth alongside the rising number of frac stages in North America.

Segment Analysis

By Material Type

The fracking fluid end market is segmented into carbon steel and stainless steel. Stainless steel is likely to maintain its dominance in the market during the forecast period and is also likely to grow at a higher rate during the same period in the wake of its corrosion-resistant property and longer pumping hours as compared to carbon fluid end.

By End-User Type

The market is segmented into OE and aftermarket. Aftermarket not only governed the fracking fluid end market in 2022 but is also estimated to remain the fastest-growing end-user type during the forecast period. The lifespan of fluid ends gets shorter with the harsher fracking environment, a larger volume of proppant used, and rising pumping pressure resulting in increasing replacement of fluid ends in existing frac pumps. While the power end lasts for two years, fluid ends need to be replaced three to four times per year (approx.).

By Horsepower Type

The market is segmented into 2000-2500 HP and above 2500 HP. In 2022, fluid ends compatible with frac pumps of horsepower between 2000-2500 held a major share of the market. The above 2500 horsepower segment is expected to grow at a higher rate during the forecast period, driven by the gradual shift in demand towards higher horsepower pumps to reduce the number of assets on the site while extending the parts' life. For example, 11 units of 5,000 HP fracking pumps can do the job of 20 units of 2,500 HP frac pumps.

Regional Analysis

In terms of regions, North America is projected to remain the largest market during the forecast period primarily because of the presence of high technically recoverable reserves of shale oil & gas and the presence of major fluid end manufacturers in the region. The rise in the number of hydraulic frac stages in North America has resulted in a notable increase in high hydraulic pressure (HHP) requirements at well sites, subsequently driving the demand for fluid ends. Asia-Pacific is expected to witness the highest growth in the market during the forecast period, mainly driven by China. The country has increased its investments in the exploration and production of oil & natural gas, using the hydraulic fracking technique.

Key Players

The market is fairly consolidated with the presence of a handful of regional and global players. Most of the major players compete on some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the fracking fluid end market.

GD Energy Products, LLC

Caterpillar, Inc.

TechnipFMC plc

Kerr Pumps

Forum Energy Technologies, Inc.

Research Methodology

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

The fracking fluid end market is segmented into the following categories-

By Material Type

Carbon Steel

Stainless Steel

By End-User Type

OE

Aftermarket

By Design Type

Quintuplex

Triplex

By Horsepower Type

2000-2500 HP

Above 2500 HP

By Region

North America (Country Analysis: The USA and Canada)

Europe (Country Analysis: Russia, Norway, and Rest of Europe)

Asia-Pacific (Country Analysis: China, Australia, and Rest of Asia-Pacific)

Rest of the World (Country Analysis: The Middle East, Latin America, and Others)

Table of Contents

  • Report Scope
  • Report Objectives
  • Research Methodology
  • Market Segmentation
  • Secondary Research
  • Key Information Gathered from Secondary Research
  • Primary Research
  • Key Information Gathered from Primary Research
  • Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
  • Data Analysis and Triangulation

1. Executive Summary: A Bird's Eye View of the Market

2. Market Environment Analysis: Study of Factors Affecting the Market Dynamics

  • 2.1. Supply Chain Analysis (Identification of Key Players/Materials across the Value Chain)
  • 2.2. PEST Analysis (List of All Factors Directly or Indirectly Affecting the Market Demand)
  • 2.3. Industry Life Cycle Analysis (Current and Future Lifecycle Stage of the Market)
  • 2.4. Key Trends (Key Industry as well as Market Trends Shaping the Market Dynamics)
  • 2.5. Market Drivers (Study of Drivers and their Short- and Long-Term Impacts)
  • 2.6. Market Challenges (Study of Factors Hindrance the Adoption/Growth)

3. Fracking Fluid End Market Assessment (2017-2028) (US$ Million & Thousand Units)

  • 3.1. Fracking Fluid End Market Trend and Forecast (US$ Million & Thousand Units)
  • 3.2. Market Forecast Scenario Analysis (Pessimistic, Most Likely, and Optimistic Market Forecast)

4. Fracking Fluid End Market Segments' Analysis (2017-2028) (US$ Million & Thousand Units)

  • 4.1. Material-Type Analysis
    • 4.1.1. Carbon Steel: Regional Trend and Forecast (US$ Million & Thousand Units)
    • 4.1.2. Stainless Steel: Regional Trend and Forecast (US$ Million & Thousand Units)
  • 4.2. End-User-Type Analysis
    • 4.2.1. OE: Regional Trend and Forecast (US$ Million & Thousand Units)
    • 4.2.2. Aftermarket: Regional Trend and Forecast (US$ Million & Thousand Units)
  • 4.3. Design-Type Analysis
    • 4.3.1. Quintuplex: Regional Trend and Forecast (US$ Million & Thousand Units)
    • 4.3.2. Triplex: Regional Trend and Forecast (US$ Million & Thousand Units)
  • 4.4. Horsepower-Type Analysis
    • 4.4.1. 2000-2500 HP: Regional Trend and Forecast (US$ Million & Thousand Units)
    • 4.4.2. Above 2500 HP: Regional Trend and Forecast (US$ Million & Thousand Units)
  • 4.5. Regional Analysis
    • 4.5.1. North American Fracking Fluid End Market: Country Analysis
      • 4.5.1.1. The USA's Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.1.2. Canadian Fracking Fluid End Market T&F (US$ Million & Thousand Units)
    • 4.5.2. European Fracking Fluid End Market: Country Analysis
      • 4.5.2.1. Russian Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.2.2. Norwegian Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.2.3. Rest of the European Fracking Fluid End Market T&F (US$ Million & Thousand Units)
    • 4.5.3. Asia-Pacific's Fracking Fluid End Market: Country Analysis
      • 4.5.3.1. Chinese Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.3.2. Australian Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.3.3. Rest of the Asia-Pacific's Fracking Fluid End Market T&F (US$ Million & Thousand Units)
    • 4.5.4. Rest of the World's (RoW) Fracking Fluid End Market: Country Analysis
      • 4.5.4.1. The Middle Eastern Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.4.2. Latin American Fracking Fluid End Market T&F (US$ Million & Thousand Units)
      • 4.5.4.3. Other Fracking Fluid End Market T&F (US$ Million & Thousand Units)

5. Competitive Analysis

  • 5.1. Degree of Competition (Current Stage of Competition based on Market Consolidation)
  • 5.2. Competitive Landscape (Benchmarking of Key Players in Crucial Parameters)
  • 5.3. Market Share Analysis (Key Players and their Respective Shares)
  • 5.4. Product Portfolio Mapping (Map their Presence in Different Market Categories)
  • 5.5. Geographical Presence (Map their Geographical Presence)
  • 5.6. Key Target Areas for Product Developments (Understand the Industry Focus while Developments)
  • 5.7. M&As, JVs, Collaborations, Strategic Alliances, etc. (Map All the Major M&As and JVs)
  • 5.8. Porter's Five Forces Analysis (A Bird's Eye View of the Overall Competitive Landscape)

6. Strategic Growth Opportunities

  • 6.1. Market Attractiveness Analysis
    • 6.1.1. Market Attractiveness by Material Type
    • 6.1.2. Market Attractiveness by End-User Type
    • 6.1.3. Market Attractiveness by Design Type
    • 6.1.4. Market Attractiveness by Horsepower Type
    • 6.1.5. Market Attractiveness by Region
    • 6.1.6. Market Attractiveness by Country
  • 6.2. Emerging Trends (Key Trends that May Shape the Market Dynamics in the Future)
  • 6.3. Key Strategic Implications (Changing Market Dynamics and their Key Implications)
  • 6.4. Key Success Factors (KSFs) (Identifying Some Factors that May Help Companies to Gain Business)

7. Company Profile of Key Players (Alphabetically Arranged)

  • 7.1. Caterpillar Inc.
  • 7.2. Dragon Products Ltd.
  • 7.3. Forum Energy Technologies, Inc.
  • 7.4. GD Energy Products, LLC
  • 7.5. Halliburton
  • 7.6. Kerr Pumps
  • 7.7. ST9 Gas + Oil
  • 7.8. TechnipFMC plc
  • 7.9. VP Sales & Manufacturing
  • 7.10. VULCAN Industrial Holdings

8. Appendix

  • 8.1. Disclaimer
  • 8.2. Copyright
  • 8.3. Abbreviation
  • 8.4. Currency Exchange
  • 8.5. Market Number